Travel is expected to record robust growth in value sales in 2022. An easing of pandemic-related restrictions, the resumption of regular scheduled international flights, and pent-up travel demand are supporting the stronger recovery of travel in India in 2022.
Airlines witnessed a positive start to the year with the local government further easing restrictions by allowing the resumption of scheduled international flights from late March 2022. This is helping foreign airline carriers to post healthy growth over the course of the year.
Hotels is witnessing strong growth in 2022, supported by pent-up leisure travel demand and the resumption of more frequent corporate travel. In addition, with offices opening in offline or hybrid mode, meetings, conferences, and exhibition events are gradually picking up, which will ultimately contribute to the robust recovery of hotels.
Bookings online via intermediaries are witnessing significant growth in 2022, driven by discounts and flexible options for consumers. As travel demand picks up, online travel intermediaries have been looking to provide major credit card-related discounts, and other offers such as low maintenance fees.
India looks to be resilient to new waves of the virus as a result of rapid vaccination of the population above the age of 12 years. With a rising vaccination rate, the risk of infection has subsided, ultimately encouraging consumers to fulfil their pent-up travel demand.
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Travel
Travel encompasses several categories including tourism flows, lodging, travel modes, in-destination spending and booking.
See All of Our DefinitionsThis report originates from Passport, our Travel research and analysis database.
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